15 Jan 2015
Research reveals “soft skills” are worth an extra £88bn in increased productivity to the UK economy
Research commissioned by McDonalds reveals that “soft skills” are worth an extra £88bn in increased productivity to the UK economy. According to Development Economics and YouGov 97% of employers believe soft skills like team work, time management, decision making and responsibility are beneficial to the economy but surprisingly only half of employees believed that these skills are useable skills.
The research, backed by CBI, National Youth Agency, LearnDirect and Barclays, is part of a campaign by McDonalds calling for a “wholesale re-evaluation of soft skills”. Worryingly, three quarters of employers believe there is already a soft skills gap in the UK work force and over half a million UK workers will be significantly held back by lack of soft skills by 2020.
Having supported SMEs for over 20 years and researched their skills needs, Exemplas knows how important SME productivity is to the UK economy and delivers work-based skills training to support real business needs through the Skills Support for the Workforce Programme.
< Back to latest news